Tag: software developer

The international technology giant Microsoft has reportedly acquired an Austin-based software developer called Xoxco. This acquisition has marked the fourth AI-related company Microsoft has purchased this year. Founded in 2009, Xoxco has raised $1.5 million. It began working on bots in 2013, and is credited with developing the first bot for Slack to help schedule meetings. However, the financial details of the deal have not been disclosed. “Today, we are announcing we have signed an agreement to acquire Xoxco, a software product design and development studio known for its conversational AI and bot development capabilities,” Lili Cheng stated. With this move, Microsoft is continuing to realize our approach of democratizing AI development, conversation and dialog, and integrating conver...